Trump: US to Begin Informing Countries Friday of Tariff Rates
- On July 3, 2025, President Donald Trump announced that his administration would begin notifying countries about their assigned tariff levels starting on July 4.
- This action follows a 90-day pause on globally imposed tariffs that Trump set in April to allow trade negotiations, with the pause expiring on July 9.
- The tariffs, originally targeting about 60 countries with trade deficits, include a baseline 10 percent rate and higher fees based on specific trade deficits, with deals already reached with the UK and Vietnam.
- Treasury Secretary Scott Bessent said some partners proposed 'good deals' and predicted a flurry of agreements before the July 9 deadline, while Trump emphasized preferring 'simple deals' that allow control.
- The upcoming tariff letters aim to streamline trade talks amid disputes with key partners, signaling intensified pressure and possible economic impacts as the administration declines to extend the tariff pause.
61 Articles
61 Articles
The US President wants to write today to the trading partners, which tariffs will soon apply to them.
The U.S. government is sending letters to the United States’ trading partners on Friday about the new unilateral import duties that the countries will have to pay. According to U.S. President Donald Trump, about “ten or twelve” letters are being sent, with more to follow in the coming days.
For weeks, the US trading partners have been trying to reach an agreement in the customs dispute. Starting this Friday, Trump wants to explain to them what he thinks of the results – by letter.
Washington is about to formalize an offensive turning point in its bilateral economic relations, a few days from the crucial deadline of 9 July.
US President Donald Trump's administration will likely begin sending letters to a number of countries on Friday with information about upcoming tariffs on foreign goods imported into the United States. This is according to Don...
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